BOME/USDT – 30M – BUYThe currency pair BOOK OF MEME/Tether (BOME/USDT) moves from the bearish trendline upwards
A bullish trend upwards to the next resistance level at 0.002121000 is expected.
Caution: A possible change in the direction of the support line at 0.001984000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘RSI cross above 30’ indicator signal is discovered. The indicator is ‘RSI cross above 30’. this is usually a bullish chart signal. The currency pair is likely to rise.
Besides a ‘Northern Doji’ candlestick chart pattern is found. The candles form ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002593000 |
| 2nd High | 0.002358000 |
| Next High | 0.002121000 |
| Current Price | 0.001977000 |
| Next Low | 0.001984000 |
| 2nd Low | 0.001717000 |
| 3rd Low | 0.001704000 |
0.002121000 – 0.002358000 – 0.002329000 – 0.001984000 – 0.002220000 – 0.002191000
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – Double top retreat up –